Multi-Unit Auto Shop
For Sale
$1,900,000
1875 Airport Industrial Park Drive SE, Marietta, GA 30060
COMMERCIAL - Marietta, GA
Property Size13,330 SF
Lot Size1.26 Acres
Price / SF$142.54
Days on Market182
Property Features for 1875 Airport Industrial Park Drive SE
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Size
13,330 SF
Lot size
1.26 Acres
Amenities
high ceilings
concrete floors
drive-in roll-up doors
central HVAC
hanging gas furnaces
radiant tube heating
secure gated parking
3-phased power
paint booth
vehicle lifts
office space
Building Details
Year built
1986
Listing Agency:
Northwest Office · Berkshire Hathaway HomeServices
(770) 421-8600
Listed By:
Willie F. Smith, MRED · License #405521
(404) 941-0288
Added: Feb 11
Changed: Aug 4
Last Checked: Aug 12 at 8:06AM
MLS# 10689324
Copyright © 2026 Berkshire Hathaway HomeServices Georgia Properties. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 13,330-square-foot industrial property occupies 1.26 acres and includes two buildings measuring 4,160 square feet and 9,170 square feet. The buildings are arranged as three units with concrete floors, high ceilings, 17 drive-in doors, and office space. Existing improvements include a paint booth, vehicle lifts, central HVAC in one suite, a hanging gas furnace, radiant tube heating, and 3-phase power. Gated parking and additional surface spaces support automotive operations, equipment storage, and fleet needs.
Located at 1875 Airport Industrial Park Drive SE in Marietta, the property is 1.5 miles from Interstate I-75 and 2.5 miles from Truist Park and The Battery Atlanta. Light industrial zoning and the existing automotive-oriented layout provide a defined operating framework for service businesses and industrial users. Built in 1986, the property combines multiple occupiable areas with substantial drive-in capacity.
Located at 1875 Airport Industrial Park Drive SE in Marietta, the property is 1.5 miles from Interstate I-75 and 2.5 miles from Truist Park and The Battery Atlanta. Light industrial zoning and the existing automotive-oriented layout provide a defined operating framework for service businesses and industrial users. Built in 1986, the property combines multiple occupiable areas with substantial drive-in capacity.
Key Highlights
- 13,330 SF industrial property on 1.26 acres
- Two buildings measuring 4,160 SF and 9,170 SF
- Three units with 17 drive‑in doors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$97,853
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,957,060
$2.0M
Cap Rate 7%
$1,397,900
$1.4M
Cap Rate 9%
$1,087,256
$1.1M
Market Conditions
NOI Build-Up for 13,330 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$126.4K $9.48/SF
− Vacancy
−$11.2K −$0.84/SF
EGI
$115.1K $8.64/SF
− OpEx
−$17.3K −$1.30/SF
NOI
$97.9K $7.34/SF
Area
Cobb County, GA
Vacancy
8.90%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,957,060
Cap Rate 7%
$1,397,900
Cap Rate 9%
$1,087,256
Alternative Uses
Best Use
Retail
$2.68M
$2.34M – $3.12M
NOI $187,492 @ 7.0% cap · market cap 9.87%
Second Best
Warehouse
$1.40M
$1.22M – $1.63M
NOI $97,853 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$3.74M
$3.28M – $4.37M
NOI $262,014 @ 7.0% cap · market cap 13.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
17
Drive-in doors
2
Service bays
100%
Occupancy
Multi-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
392
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30060, GA
39,890
Population
15,036
Households
2.7
Avg Household Size
32
Median Age
29%
College-Educated
79%
High-School Grad
15.5 sq mi
ZIP Area
2,574
Density / Sq Mi
$62,180
Median Household Income
$34,537
Median Earnings
$1,344
Median Rent
$282,200
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Auto shop - Two buildings support automotive service uses with vehicle lifts, office areas, gated parking, and drive-in access.
Where is this auto shop located?
The property is located at 1875 Airport Industrial Park Drive SE Marietta, GA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 13,330 SF industrial property on 1.26 acres; Two buildings measuring 4,160 SF and 9,170 SF; Three units with 17 drive‑in doors
